Web3 AI company Eidon completes $3.5 million seed round financing, led by Framework Ventures

ChainCatcher news, Web3 AI company Eidon has completed a $3.5 million seed round financing, led by Framework Ventures, with participation from the Cayman Islands venture capital firm cyber.Fund. The company plans to use the seed funding to develop its team.

Eidon encourages users to provide data for training AI models. Users can submit new data, such as fine hand movements or object interactions, while others can verify the authenticity of the data through an upcoming blockchain audit. Eidon’s first network version will go live on November 12. This network includes a platform application for data evaluation and collection, as well as an open sequencer for record preservation.